The total assets under management (AUM) across mutual funds (MF) in India reached Rs 66.98 lakh crore in October, showing a marginal increase of 0.25 per cent against Rs 66.82 lakh crore in September, according to the latest data from the Association of Mutual Funds in India (AMFI) on Monday.

According to market experts, the month shows that investors have preferred hybrid funds due to the ongoing volatility in the equity markets.

The total inflows in the hybrid mutual fund categories surged 244 per cent to Rs 16,863 crore in October, as compared to Rs 4,901 crore in September.

“We are positive on the Indian economy and India's equity market will deliver a reasonably good return while comparing with other emerging markets,” said Hitesh Thakkar, Acting CEO, ITI Mutual Fund.

Domestic prices of gold slipped to Rs 77,000 per 10 grams on Monday due to poor demand after the festive season ended.

According to the Indian Bullion Jewelers Association (IBJA), the prices of 24-carat gold have slipped to Rs 77,030 per 10 grams. The rate of 22-carat gold is Rs 75,180 per 10 grams and the price of 20-carat gold is Rs 68,550 per 10 grams.

The price of 18-carat gold is Rs 62,390 per 10 grams and the price of 14-carat gold is Rs 49,680 per 10 grams.

Gold prices continue to fall after the sharp rise in October. The price of gold reached this month's lowest level of Rs 76,980 per 10 grams on November 6. The fall in prices is attributed to the continuous decline in demand after the festive season.

The Indian stock market recovered after facing initial losses on Monday as selling was seen in PSU banks, financial services, pharma and FMCG sectors in early trade.

Asian Paints shares dropped around 9 per cent after several brokerages showed disappointment over its poor Q2 results. Asian Paints posted a huge 42.4 per cent drop in net profit at Rs 694.6 crore in the July-September period (Q2 FY25), from Rs 1,205.4 crore in the year-ago period.

Sensex was trading at 79,388.77 while Nifty was trading at 24,140.15 in early trade.

The market trend remained positive. On the National Stock Exchange (NSE), 563 stocks were trading in green, while 1439 stocks were trading in red.

The week saw Donald Trump returning to power in the US election amid a second consecutive rate cut by Fed this year, as the Indian stock market continued to experience consolidation due to heightened selling pressure from foreign institutional investors (FIIs).

This broad-based correction is particularly evident in sectors with excessive valuations, according to experts.

However, despite the massive FII selling, the stock market is resilient since the valuations are fair and every selling is being absorbed by domestic institutional investors (DIIs) and individual investors, particularly high-net-worth individuals (HNIs).

DIIs have been a strong buyer absorbing the selling and mitigating the fall. They infused more than Rs 1 lakh crore in Indian equities in October, keeping the stock market healthy compared to its global peers.

The Indian stock market closed in red on Thursday as there was heavy selling in all sectors except PSU banks.

The Indian benchmark indices closed down by more than 1 per cent.

Sensex fell 836 points, or 1.04 per cent, to 79,541.79 at the end of trading.

Gold prices continue to fall after the US presidential election and on Thursday, the December future contracts of gold on MCX opened with a decline of 0.37 per cent at Rs 76,369 per 10 grams, while silver December future contracts were trading 0.24 per cent low at Rs 90,601 per kg.

After the US elections, in the last two days, gold prices have fallen by Rs 2,100 per 10 grams and silver prices by Rs 4,050 per kg.

According to the India Bullion and Jewellers Association Ltd (IBJA), the price of 24-carat gold is Rs 76,570 per 10 grams, the price of 22-carat gold is Rs 74,720 per 10 grams, the price of 20-carat gold is Rs 68,130 per 10 grams and the price of 18-carat gold is Rs 62,201 per 10 grams.

Pranav Mer, Vice President, EBG-Commodity & Currency Research, JM Financial Services said that gold and most other commodities are trading in the negative territory, weighed by a strong US dollar as Donald Trump won the presidential race.

After a historic test flight of Starship last month, SpaceX on Thursday announced the sixth, aiming to launch on November 18.

During Starship’s fifth test flight in October, the Super Heavy booster successfully returned to the launch site and was caught by the “chopstick arms” and catch tower at Starbase.

For the next flight, the world's largest and most powerful rocket “aims to expand the envelope on ship and booster capabilities and get closer to bringing reuse of the entire system online”, SpaceX said in a statement.

While it once again aims to return to the launch site for the catch, other objectives include “reigniting a ship Raptor engine while in space”. It also plans to test “a suite of heatshield experiments and manoeuvring changes for ship reentry and descent over the Indian Ocean”.

The Indian stock market opened in red on Thursday as heavy selling was seen in metal, auto, financial service, pharma, FMCG, energy, private bank and infrastructure sectors in early trade.

Sensex was trading at 79,549 after falling more than 800 points or 1 per cent. At the same time, Nifty was trading at 24,241 after falling over 250 points or 1 per cent.

However, the market trend remained positive. On the National Stock Exchange (NSE), 1,250 stocks were trading in green, while 999 stocks were trading in red.

Nifty Bank was at 52,061.85 after falling 255.55 points or 0.49 per cent. Nifty Midcap 100 index was trading at 57,4.350 after rising 87.70 points or 0.15 per cent. At the same time, Nifty Small cap 100 index was at 18,886.40 after slipping 19.70 points or 0.10 per cent.

The air quality in Delhi-NCR remained alarmingly poor on Thursday, approaching 'severe' levels in multiple areas, with the average Air Quality Index (AQI) in the city recorded at 362, according to the Central Pollution Control Board (CPCB).

Several areas in Delhi exceeded the 400 AQI mark, which falls under the 'severe' category. Anand Vihar reported an AQI of 422, Jahangirpuri 431, and Wazirpur 428. Other localities, including Ashok Vihar (416), Mundka (421), and Rohini (403), also indicated dangerously high levels of pollution.

Meanwhile, most other regions in Delhi recorded AQI levels above 300, indicating 'very poor' air quality, with Alipur at 387, Burari Crossing at 377, and North Campus DU at 372, among others.

The Indian benchmark indices on Wednesday welcomed Donald Trump's convincing victory in the US presidential elections as both Sensex and Nifty gained more than 1 per cent amid heavy buying in the IT sector.

The Sensex closed at 80,378.13, up 901.50 points or 1.13 per cent.

On the other hand, Nifty closed at 24,484 after gaining 270.75 points or 1.12 per cent. The Nifty Bank rose 110.15 points or 0.21 per cent to 52,317.40. The Nifty Midcap 100 index closed at 57,355.80 at the end of trading after gaining 1240.35 points or 2.21 per cent. Nifty Smallcap 100 index closed at 18,906.10 after gaining 402.65 points or 2.18 per cent.